Kristian Miloykovich Buys Industrial Property At 5 Mars Court Montville For $7.25M
5 Mars Court
$7,250,000
$210/SF
Building Size
34,500 SF
Asset Type
Industrial
Closing
Feb 14, 2025
AI
The industrial property located at 5 Mars Court in Montville has been sold for a transaction price of $7,250,000. The asset encompasses a total area of 34,500 square feet, resulting in a price per square foot of $210.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,250,000
- Address: 5 Mars Court
- Market: Montville
- Square Footage: 34,500
- Price per Square Foot: $210
- Buyer: Kristian Miloykovich
- Seller: Sam Kohen
- Buyer's Representative: Goran Matlijoski - Keller Williams Realty
- Seller's Representative: Slava Zborovsky - Christie's International Real Estate
This transaction highlights the roles of key representatives in the deal, with Goran Matlijoski representing the buyer, Kristian Miloykovich, while Slava Zborovsky represented the seller, Sam Kohen. Both representatives are affiliated with well-known real estate agencies, Keller Williams Realty and Christie's International Real Estate, respectively.
Players
Boonton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.19%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93